s://.personneltoday.com/hr/senior-partner-criticises-high-pay-for-new-lawyers/
Quote:
Senior partner at Pinsent Masons Richard Foley, told the Innovative Lawyers Summit on 22 October that six-figure salaries for newly qualified lawyers were unjustifiable.
He said: “You see stuff in the press about £125k as a starting salary for an NQ [newly qualified lawyer] … If I was on the other side of the table, I would be thinking how much more value am I going to get from that person?”
Foley added: “The levels of pay in major private practice law firms are completely unsustainable.”
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I look forward to the day when NQ pay is S$3k across the board